EPFO in stocks: Nifty ETF gets more funds; gives lower returns
With the retirement fund body EPFO bruising its hands on debut in stock market, an irony of sorts has emerged in its allocation of funds -- more money was invested in SBI's Nifty ETF but returns turned poorer.
Nov 29, 2015, 14:39 PM ISTEPFO to invest nearly $800 million in stocks in 2015-16
India`s state pension fund plans to buy nearly $800 million in stocks this fiscal year, its commissioner said on Thursday, below expectations and signalling a cautious stance towards the first equity investments in its 64-year history.
Aug 06, 2015, 17:23 PM IST